TOTO China Business Accounts For 15.7% Of Global Revenue, Smart Toilet Sales Over 6 Billion Yuan

Original Kitchen And Bathroom Industry Mainstream Media Kitchen And Bathroom Information

Aprel ayında 28, TOTO announced its fiscal year 2020 performance report (aprel 1, 2020 mart ayına 31, 2021), with operating income of 580.935 milyard yen (RMB 34.548 milyard) for the reporting period, down 2.6% ilbəil. Operating profit was 41,351 million yen (RMB 2,460 milyon), -nin artması 12.5% ilbəil. Ordinary profit was 41,353 million yen, -nin artması 14.5% ilbəil. Net income attributable to shareholders of the parent company was 27.199 milyard yen (RMB 1.618 milyard), up 15.3% ilbəil.

In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 milyard yen (6.05 milyard yuan), -nin artması 7% ilbəil. Sanitary ceramics revenue of 90.7 milyard yen, faucets and other accessories revenue of 86 milyard yen, the whole bathroom revenue of 89.3 milyard yen, kitchen / bathroom cabinet revenue of 41.9 milyard yen.

The following is TOTO’s global revenue by your region, including sales to external customers.

Due to TOTO’s non-compliance with the One China Principle, Taiwan’s results are not consolidated into the China region, and the China region described in its report is only the mainland market results. fiscal year 2020, TOTO’s mainland China market revenue reached RMB 4.479 milyard, up 19% ildən-ilə. Operating profit was RMB873 million, up 7% ildən-ilə. Revenue in Taiwan, Çin, reached NT$4.03 billion (RMB 940 milyon), up 6% ildən-ilə. Operating profit was NT$1.075 billion (RMB 250 milyon), up 13% ildən-ilə. According to KitchenAid, the revenue of the whole China market reached 5.415 milyard, accounting for 15.7% of the overall revenue, and the operating profit reached 1.123 milyard yuan.

For the reporting period, operating income in Asia/Oceania was 28,184 million yen (down 13.5% ilbəil) and operating profit was 5,516 million yen. Əlavə olaraq, TOTO is strengthening its production capacity in Vietnam and Thailand, which will serve as its global supply base, as well as strengthening its sales capacity in emerging markets. Revenue in Vietnam for FY2020 reached VND424 billion (RMB1.19 billion) and operating profit was VND509 billion (down 146% ilbəil).

During the reporting period, the Americas market revenue was 35.792 milyard yen, up 10.6% ilbəil (RMB 2.13 milyard), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% ildən-ilə 2.935 milyard yen. Onların arasında, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, accounting for 33% of the local revenue ratio. In the middle and high-end markets, TOTO is promoting 3.8L water-saving toilets as well as sensor sanitary ware in the Americas. In the reporting period, operating income in Europe was 3.988 milyard yen, up 6.2% (240 milyon yuan), and operating profit was 995 million yen (966 million yen in the previous fiscal year).

Eyni gündə, TOTO also released its “New Shared Value Creation Strategy TOTOWILL2030,” which plans to increase the share of overseas revenue in the housing equipment business from 25 faizinə qədər 50 faiz. tOTO suggested that the number of new housing starts has decreased due to the decrease in Japan’s population, although the demand for renovation has increased. Eyni vaxtda, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Əlavə olaraq, TOTO expects revenue to increase by 9.9% ildən-ilə 635 billion yen and operating profit to increase by 11.0% ildən-ilə 44 billion yen in fiscal 2021. Of this, the residential equipment business in Japan will grow 11% üçün 465 milyard yen, while the overseas residential equipment business will grow 45% üçün 200 milyard yen. Əlavə olaraq, TOTO plans to invest 56 billion yen over three years to expand production at its U.S. plant in addition to China, the main overseas market, where sales of non-contact sensor sanitary ware are growing.